P&Z questions Spinnaker on proposed Saugatuck development
Summary
Spinnaker Real Estate Partners presented a 175-unit Saugatuck development plan, which P&Z members found unacceptable due to the 10% affordable housing component. The post P&Z questions Spinnaker on proposed Saugatuck development appeared first on Westport Journal.
Jun 2, 2026 | Business , Community , Government , Real Estate | 0 By Kerri Williams WESTPORT – The Planning and Zoning Commission on Monday got its first look at a new vision for 606 Riverside Ave. – the same site as a portion of the controversial Hamlet Development they denied last year.
In a pre-application, or non-binding discussion, Spinnaker Real Estate Partners of South Norwalk presented a plan for a development with 175 residential units along with 283 parking spaces on 1.54 acres.
The proposal differs from the Hamlet in that it is not directly on the waterfront and does not include a large retail component. “I do live in town,” said Spinnaker owner Matthew Edvardsen , as he addressed the commission for the first time. “I have a personal stake in getting it right.” But, for many of the commissioners, the elephant in the room was that Spinnaker has proposed for 10 percent of units on site to be deed restricted as affordable, instead of the 20 percent that is required.
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Touches Connecticut's landmark affordable housing statute and the friction between state production goals and local zoning authority.